BL MADE OUT TO ORDER BLANK ENDORSED QUERY FROM SIVASMILESMADE TO ORDER AND BLANK ENDORSED.NEED CLARFICATION Lets make the following assumptionxxx is a exporter and manufacturer of goods and he is exporting his goods from india to uk under documentary credit basis.The buyer is yyy.With this instruction in B/L .,"MADE TO ORDER AND BLANK ENDORSED",PLEASE CLARIFY WHAT I REALLY SHOULD PUT IN THE CONSIGNEE PART OF B/L … Read More
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?